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Proceeding contribution from Stephen Lloyd (Liberal Democrat) in the House of Commons on Monday, 6 February 2012. It occurred during Debate on bill on Financial Services Bill.


Financial Services Bill

I strongly agree with the direction of travel that my hon. Friend is taking, but does he acknowledge that there is a slightly slanted argument on this matter, because the APR on bank overdrafts that have not been arranged is often far higher than that charged by the better known and perhaps more reputable payday loan companies?


Secondary information

Type
Proceeding contribution
Reference
540 c88 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Consumers Banks Credit Building societies Bank of England Financial services Financial Services Authority Protection Regulation Financial Policy Committee Financial Conduct Authority Prudential Regulation Authority
Legislation
Financial Services Bill 2010-12 to 2012-13
Link
View this Proceeding contribution on www.publications.parliament.uk